3, BIRCHWOOD DRIVE, FAILAND, BRISTOL, BS8 3UZ - £499,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 BIRCHWOOD DRIVE is a very small detached house of 97m², built sometime between 1950 and 1966, which could now be worth an estimated £592,375. It was last sold for £499,950 in September 2020, which was around 12% above the average September 2020 detached price in the North Somerset local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

3 BIRCHWOOD DRIVE Sold Prices

Land registry data shows two sales for 3 BIRCHWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. One of the two 3 BIRCHWOOD DRIVE sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 3 SEP	£499,950	£448,120	12% above HPI
2015 29 MAY	£300,000	£342,200	12% below HPI

3 BIRCHWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Somerset local authority area over time, sourced from the HPI. The two 3 BIRCHWOOD DRIVE sales from May 2015 and September 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2020 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 3 BIRCHWOOD DRIVE be worth now?

3 BIRCHWOOD DRIVE might now be worth an estimated £592,375.

This is based on house price inflation of 18.5%, between September 2020 and March 2025, for detached houses, in the North Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.5% inflationary increase is applied to the most recent sale price for 3 BIRCHWOOD DRIVE of £499,950 on 3rd September 2020. For the value to have increased from £499,950 to £592,375 over the five years and six months to March 2025, the following assumptions must hold true:

• The value of 3 BIRCHWOOD DRIVE has moved in line with the HPI for detached houses in the North Somerset local authority area.
• The September 2020 sale price of £499,950 represented a fair market value for the property.
• The size, condition, and specification of 3 BIRCHWOOD DRIVE has not materially changed since September 2020.

How Large is 3 BIRCHWOOD DRIVE?

3 BIRCHWOOD DRIVE is 97m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses houses in Failand, based on EPC data. The below chart shows the distribution of detached houses houses by size in Failand, and where 3 BIRCHWOOD DRIVE lies on this distribution: 5% of detached houses houses are smaller than 3 BIRCHWOOD DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Failand.

3 BIRCHWOOD DRIVE: Plot and Title Map

3 BIRCHWOOD DRIVE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 3 BIRCHWOOD DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 BIRCHWOOD DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 BIRCHWOOD DRIVE?

3 BIRCHWOOD DRIVE is located in FAILAND, in the BS8 postcode district. The below map shows the position of No. 3 on BIRCHWOOD DRIVE.